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The Rolling Stones are in negotiations to perform in Israel in the early summer, and have been offered an unprecedented sum to perform at Park Hayarkon in Tel Aviv, an Israeli newspaper reported on Tuesday.

The Stones, one of rock’s longest-standing and most legendary acts, are in discussions with promoters Marcel Avraham and Gadi Oron to make an Israel stop in the days after their 2014 European tour, according to daily Yedioth Ahronoth.

The concert would take place sometime between the end of May and June 10, and the group has been offered some $4.5 million, which according to the daily is the largest amount ever offered to any artist to play in Israel.

Representatives of the group are due to arrive in Israel in the coming days to further discuss the concert, but according to sources close to the promoters, “there is still no final signature” on a contract.

The Rolling Stones formed in London in 1962 and become one of the iconic acts of the classic rock era, charting hits well into the early 1980s. The band has released nearly 30 albums and celebrated its 50th anniversary in 2012. In recent years, the Stones have embarked on several highly lucrative world tours.